Global & China Jewelry Market Scenario Discussed by ResearchInChina in Its Topical Report Available at MarketPublishers.com07 Oct 2015 • by Natalie Aster
LONDON – Nowadays, the development of the global jewelry industry is highly dependent on per capita income growth as jewelry belongs to the luxury goods category. As of 2014, the sales of jewelry from pole to pole were worth USD 157 billion.
In the same year China’s share in the world retail sales reached 51.4% (USD 80.7 billion). Gold jewelry in China holds the lion’s share (50%) of the country’s jewelry consumption. Due to the increasing Internet penetration in the country along with on-going development of the e-commerce, China’s jewelry companies have entered the internet marketing era. The proportion of jewelry sold via internet channels increased from 0.5% to 4.0% during 2009-2014. In addition, O2O (online-to-offline) retail is gaining momentum in the Chinese jewelry market. Today, the Chinese market for jewelry is dominated by such companies as Chow Tai Fook, Lao Feng Xiang, Chow Sang Sang, Lukfook, to name only a few enterprises.
Topical research report “Global and China Jewelry Industry Report, 2014-2018” prepared by ResearchInChina gives a look at the global jewelry market performance, paying special attention to the Chinese jewelry market. The study highlights statistics on the jewelry consumption in the world; analyses the market dynamics (key drivers, challenges, barriers and opportunities); offers detailed market segmentation analysis. Moreover, the report offers thorough discussion of the key issues regarding jewelry production, processing, supply and demand. It compares import and export figures, characterizes competition patterns, etc. Key jewelry enterprises in China are profiled in this insightful research report. The study shows, how the global and Chinese jewelry markets are set to develop through 2018.
Global and China Jewelry Industry Report, 2014-2018
Published: August, 2015
Price: US$ 2,450.00
Other research studies by the publisher are available at ResearchInChina page.